In the previous 24 hours, the JasmyCoin (JASMY) market has been bullish, with values ranging from $0.006635 to $0.007552 (a new 90-day high). As of press time, the JASMY price had risen by 7.64% to $0.007187, justifying the optimistic prognosis.
Traders jumped on board due to increasing confidence and expectations of a lengthy bull run, prompting the market capitalization to rise 7.65% to $335,315,628. However, this bullishness may be short-term because 24-hour trading volume fell by 61.62% to $236,443,393. Nevertheless, despite the drop in trading volume, the high JASMY prices show that investors remain confident in the currency.
JASMY/USD 24-hour price chart (source: CoinMarketCap)
The Rate of Change (ROC) indicator is trending north with a rating of 5.5, indicating increased market purchasing pressure. The increased purchasing pressure implies considerable demand in the market, which will likely lead to higher prices. As a result, …
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Source: Cryptocurrency - investing.com
